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Exclusive | OpenAI Plans Launch of Desktop ‘Superapp’ to Refocus, Simplify User Experience
OpenAI is planning to unify its ChatGPT app, coding platform Codex and browser into a desktop “superapp,” a step to simplify the user experience and continue with efforts to focus on engineering and business customers.
Chief of Applications Fidji Simo will oversee the change and focus on helping the company’s sales team market the new product. OpenAI President Greg Brockman, who currently leads the company’s computing efforts, will help Simo oversee the product revamp and related organization changes, an OpenAI spokeswoman said.
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Iran fires missiles toward US-UK base in Indian ocean, Iran’s Mehr says
Fourteen stocks from the BSE SmallCap index declined continuously over five trading sessions ending March 20, with losses of up to 23%. Despite the Sensex remaining largely flat, sharp volatility during the period highlights continued pressure in broader markets, particularly in smallcap stocks witnessing sustained selling across consecutive sessions.
Beijing courts Eli Lilly as weight-loss drug race drives $3bn China commitment
Business
IDBI, SpiceJet among 10 stocks that saw sharpest fall, down up to 21% this week. Do you own any?
Indian markets witnessed a broad-based sell-off amid escalating Middle East tensions and rising crude oil prices. Several stocks, including IDBI Bank and SpiceJet, declined sharply during the week. Geopolitical risks, inflation concerns, and regulatory developments weighed on investor sentiment, dragging multiple sectors lower despite selective resilience in parts of the market.
Business
Looking around for sectors or themes to favour and avoid? Here is what these 5 experts recommend
Amid rising geopolitical tensions and market volatility, investors are reassessing sectoral allocations. Mutual fund experts suggest focusing on domestic cyclicals, financials, and defensives like pharma, while remaining cautious on IT, metals, and oil and gas. They also highlight valuation risks and stress the importance of resilient businesses in uncertain conditions.
Business
Global markets to remain driven by West Asia conflict, Fed neutral guidance reflects uncertainty: Report
The report said that “markets are expected to continue to get shaped by the ongoing conflict in the Middle East that has so far not shown signs of de-escalating,” adding that “risk aversion is expected to remain in place.”
According to the report, prior to the conflict, the base-case scenario assumed that “the tariff pass through would start to fade and that would push US inflation gradually lower and labour markets would remain weak that could open scope for a 50bps cumulative cut over 2H2026.”
However, the report cautioned that “the outlook could get shaped by the ongoing conflict and in particular whether there is a structural pick-up in crude prices,” which the Federal Open Market Committee (FOMC) may need to consider in its projections.
It added that “there are risks of the FOMC possibly back-loading easing, although it is too early to call at the current juncture,” with the outlook depending on “the duration of the Middle East conflict and permanent impact it has on oil prices.”
The report highlighted that the FOMC maintained status quo on policy rates while “explicitly acknowledged the build-up of uncertainty in the outlook from the ongoing conflict in the Middle East” and also recognised weakness in the labour market.
Despite the geopolitical challenges, the report noted that the FOMC raised its GDP growth projections and also revised inflation forecasts upward, with “the 2 per cent target expected to be achieved by 2028.”However, there was no change in policy rate guidance, with “the median of members expected 25bps cut in 2026 and 25bps cut in 2027.”
The report added that FOMC Chair Jerome Powell “emphasized that the central bank will maintain a data-dependent response” and highlighted that “considerable uncertainty persists about the impact of the conflict on the outlook on the economy.”
It also warned that “higher energy prices and pass-through of the same into consumer prices implies risk of a possible delay” in rate cuts if oil prices remain elevated.
For markets, the report said the FOMC meeting was “largely a non-event,” but added that “the conflict in the Middle East is likely to drive price action ensuring that risk aversion remains dominant,” with US yields expected to drift higher and the global dollar likely to remain supported. (ANI)
Julie Waller, who heads up the charity, says donations have helped more than 2,000 families.
These five flexi cap mutual funds have offered up to 25% CAGR in the last three years. Here is a detailed break-up (Source: ETWealth).
SYDNEY—Split decisions on interest rates are common among global central banks. What sets the Reserve Bank of Australia apart from counterparts including the Federal Reserve and Bank of Japan is that it doesn’t attach names to individual votes.
That was brought into focus this week when the RBA decided to raise interest rates by 25 basis points to 4.10%, with five of its board members outvoting four other officials.
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Yara’s fertiliser operations in the Pilbara have been damaged, with production to be impacted for two months as the nation’s agriculture sector grapples with supply issues.
Nevada Court Imposes 14-Day Ban on Kalshi Event Contracts Amid Regulatory Dispute
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